Login
or
Register
Home
»
Trains Magazine
»
Forums
»
Passenger
»
AMTRAK-missing the small needed items
Edit post
Edit your reply below.
Post Body
Enter your post below.
<P mce_keep="true">[quote user="schlimm"] <P>[quote user="Sam1"]If a bank, insurance company or airline, to cite your examples, fails to respond to its customer's legitimate needs, over a long period of time; it is likely to be history because its aggrieved customers will turn to competitive alternatives. [/quote] </P> <P mce_keep="true">Really? How about Citi Group, AIG, and GM and United in the past. Just turn to the taxpayer for a bailout. Has Amtrak been any different, just cheaper? [/quote]</P> <P mce_keep="true">The firms that you cite failed. With the exception of Citi Group, they should have been allowed to die. Banks are the linchpin for our economy; they must survive in one form or the other. </P> <P mce_keep="true">Unfortunately, as was the case with the formation of Amtrak, the government stepped in and bailed out the cited failed enterprises, thereby laying off on the backs of the taxpayer's decades of a burden that probably will never be repaid. Clearly, in the case of Amtrak, it will never be repaid. The burden will simply grow and grow. </P> <P mce_keep="true">United Airlines, by the way, filed for bankruptcy, which is a legitimate re-organization process, and came out of it without any significant government help, as did Delta, U.S. Airways, etc.</P> <P mce_keep="true">Amtrak has been propped up by the federal government for more than 38 years. I cannot think of any other commercial enterprise that has received a bailout that has run this long or one that has required as high a per customer (passenger) subsidy as Amtrak. </P>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy